US to Detail China Trade Progress on Monday, USTR Greer Says

The United States is set to release details on Monday outlining the results of recent trade negotiations with China, U.S. Trade Representative Jamieson Greer said on Friday. The announcement follows a meeting between U.S. President Donald Trump and Chinese President Xi Jinping on Thursday.

Progress in 'Managed Trade'

Speaking to CNBC, Greer stated that progress has been made in what he described as a "managed trade situation." He confirmed that an agreement has been reached to exempt certain categories of goods from future trade disputes or tariff measures.

According to Greer, the agreement includes specific product categories:

• U.S. exports to China: Agricultural products and medical devices.
• Chinese exports to the U.S.: Non-sensitive consumer goods and other items.

"We’ve actually reached agreement with the Chinese on a number of these things in areas where, you know if we have trade disputes in the future or if there are tariff measures in the future, we just leave those things to the side," Greer said.

Ad

Strategic Technology Excluded

Greer clarified that highly sensitive technology, particularly high-quality U.S.-made semiconductors, are not covered by the current talks. He referred to these components as the "crown jewels of American technology," essential for maintaining a lead in artificial intelligence.

These strategic technology conversations are not part of the current negotiations, signaling that core areas of economic competition between the two nations remain unresolved.

Broader Context: Tariff Truce Extended

The talks come as U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng agreed this week to extend a truce in the broader trade dispute. The deal, which has paused mutually imposed tariffs, will now run until January 10.